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20130201
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Search Results 0 to 6 of about 7
ABC
Jan 27, 2013 9:30am EST
to spend addional money over a certain time, so they p pass a budget, passed appropriaons,ttach the debt ceiling, send it to the set. i understandhat e senate willorrow the house historian to find out i is they pass a budget of there. [laughs] mj you have been reporting that the republicans don'tare how they g get it, but you also report that there are some republicans that tnk it is okay to go into that peod of sequestration, with the autotic spendi cuts that are across the board, that include defensnse and domestic spendnding. whatre you hearing about the appetite for government shutdown? -- >> as far asas sequestration we hear increasinglyy that lawmwmakers e signaling, well, you know what, we mights well let the sequester take placece because we n't know if the political dynamics will allow w us to come to some e sort of compmpromise withh democrcrats. it highlighthts the tension thatat is there betetween d democrats and repuicans and what thehey want. democrats wantt to raise revenue through h tax reform, republicans e oppoposed to that. in terms of defense spending cuts, they want
FOX Business
Jan 23, 2013 9:00pm EST
passing a debt ceiling bill that takes the proverbial cain than the proverbial rug. the political panel weighs in next. ♪ >> from our fox business studios in new york, here again is gerri willis. gerri: i hate to say it, the debt limit, we're talking about that. the debt limit is on its way to getting punted until the spring, the house approving a four month debt ceiling extension. senate majority leader harry reid saying the senate will pass the house bill quickly. with more, a columnist for the national review and columnist for the new york post. i have my dreams team here to talk about this. i want to start with you because you're sitting right across from me. they are just taking the stand down the road. i mean, look, at the end of the day we are talking about waiting until may. >> i think we will be talking about this for most of the year because obviously there is a huge gulf between the president and the house. the house would like to not raise the debt ceiling at all. as they're preference, at least the majority of them. but they can't do that because they can't get the spendi
FOX Business
Jan 24, 2013 12:00am EST
a catastrophe. it could happen when they even threatened not to raise the debt ceiling around our credit was downgraded and the markets really tumbled. you don't want to i can take the chance. no way the republicans would take that chance. melissa: maybe you don't. a nit is very risk-averse person? >> in poker a 19 is someone that folds every hand. they wait for the perfect chance to get money in. problem is nits never win tournaments. they have to actually risk something in order to see that value. melissa: who is the nit in this? >> everyone. they're all nits. everyone involved is a nit. the reason i say that. they're waiting until the very end to come up with a deal rather than propose someing long time ago, look six months ahead. we can do something good for the country if we act right now to avoid the crisis instead of have a patchwork deal at the last minute. seems like these guys are trading -- trying to make themselves look as good as they can the best interests of the country is not in their minds. melissa: i think you know is the biggest well cher is, someone who wouldn't race
FOX
Jan 23, 2013 5:00pm PST
of the government over the debt ceiling is off the table for now. the international monetary fund expects good economic growth worldwide. u.s. agriculture is doing very well. plus, yet another critical mega trend. >> the housing sector has been doing well with people moving out and establishing their own households. >> reporter: more and more investors are moving out of lower-paying but more secure investments. >> you had a mad race out of equities in 2007, 2008, 2009, and now here at the end of 2012, 2013, you're seeing a great rotation back into equities, because there's a better rate of return. >> reporter: but more convincing lays ahead. >> i still say that the economy is still pretty dismal. >> reporter: also, in after- hours trading, netflix was up over 30%, after a suspected loss actually turned out to be a profit. reporting live, ktvu channel 2 news. >>> on wall street today, strong earnings from google. >>> the house of representatives today passed a measure that temporarily averts a crisis over the nation's debt limit. on a bipartisan vote, the measure allows the government to borrow
NBC
Jan 24, 2013 6:00am EST
warned the country could default on some loans as early as next month if the debt ceiling isn't lifted. >>> 6:48 now. a local company reporting major losses. they say the reason is defense cuts. cnbc has more live. kayla, good morning. >>> good morning, aaron. general dynamics, one of the nation's biggest federal contractors, reported a huge quarterly loss on wednesday, blaming it largely on defense cuts. the company which is based in falls church, virginia, posted a $2 billion fourth quarter loss on lower than expected sales as shrinking government orders and writedowns hammered the maker of weapon and aircraft. stock dropped as much as 5% in trading before recovering to close up about 1%. analyst attribute that to reassuring comments from the company ceo. >>> the washington's dependence on government and defense contracts makes it vulnerable to the spending cuts put in place by president obama and congress between 2000 and 2010. government procurement spending grew by double digits. last year it fell by more than 5%. back to you. >> thank you. >>> redskins players are being warn good
CNBC
Jan 30, 2013 6:00am EST
'm waiting for the spring. >> what's happening in this spring? >> the sequester, next debt ceiling debate, a number of items that might send the market 10% lower. >> that's true but i have too much money to think about policy and not enough thinking about the fundamentals. >> 90% of hedge funds conform the market. the stock market was up 7% and the hedge funds averaging 8% or show. lot of that average performance came from worrying about these speed bumps. >> you can argue they were hedged. >> that might be. >> if you and andrew have never seen a period 800 on the dow, then 1200, then 3200, then 4200, then 6200, that was unbelievable to watch for 20 years. if you've never seen that, you have no input or experience on how that feels or work out, right? that would be a whole new dynamic -- >> i wasn't alive. >> i know. when that gets gone -- >> there's not enough research to support that point, the way people experience things in 20s and 30s it's with them their whole lives. joe and i think the bull market is normal and you guys think they're abnormal. >> if you haven't been through that --
CNBC
Jan 31, 2013 4:00am EST
get rid of the debt ceiling? it's a real brawl. >> just deep six that sucker like no other country deals with this it ottic device. hey, i'm going to borrow some money, but i'll think twice over whether i'm going to pay the bill when it comes. >> what if it was the founding father himself who said i think we ought to have a debt ceiling so as to avoid fiscal recklessness? >> well, in fact, the debt ceiling, the reason we have one is because up until 100 years ago, we voted on every bond issue individually. so you think it's bad now, just imagine if we had had that situation. but looking forward, though, this is very much yesterday's story. it was interesting that the reason the dow took this latest jump upwards was because the house a couple of weeks ago signaled they weren't going to have a fight over the debt ceiling. now, people need to focus on the fact that the next big tripwire is the sequester. i think markets got a little bit complacent the one second. >> we want to talk about the federal reserve, as well. let's recap what the fed did. they kept their $85 billion bond buyin
Search Results 0 to 6 of about 7